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Borgosesia Upsizes 6.30% Bond Tranche to €25 Million After Strong Demand

Story Highlights
  • Borgosesia raised its 6.30% bond’s first tranche to €25 million after robust investor demand.
  • The five-year secured bond targets retail and professional investors, signaling confidence in Borgosesia’s risk-return profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Borgosesia Upsizes 6.30% Bond Tranche to €25 Million After Strong Demand

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Borgosesia S.p.A. ( (IT:BO) ) has shared an update.

Borgosesia S.p.A. has increased the size of the first tranche of its “Borgosesia 6.30%” bond from €15 million to €25 million after strong investor demand in the initial hours of the placement. The five-year, fixed-rate bond, targeted at both retail and professional investors, offers a 6.30% annual coupon paid quarterly, requires a minimum €100,000 subscription and is secured by pledged assets worth 167% of the bonds’ nominal value, with illimity Bank’s capital markets team acting as lead manager and bookrunner for the qualified investor placement, underscoring the market’s positive view of Borgosesia’s risk-return profile and financing structure.

The most recent analyst rating on (IT:BO) stock is a Buy with a EUR2.50 price target. To see the full list of analyst forecasts on Borgosesia S.p.A. stock, see the IT:BO Stock Forecast page.

More about Borgosesia S.p.A.

Borgosesia S.p.A., listed on Euronext Milan, operates in alternative asset management with a focus on special situations and value-recovery opportunities involving distressed companies, complex generational transitions and corporate or family disputes. Through its Borgosesia Real Estate and Borgosesia Alternative divisions, the group manages and enhances real estate and credit portfolios, combining property valorisation with financial engineering to extract value from non-standard assets.

Average Trading Volume: 33,453

Technical Sentiment Signal: Sell

Current Market Cap: €22.99M

See more data about BO stock on TipRanks’ Stock Analysis page.

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